Rhett P.
Setting Up an LLC
I've tried google and BP but they haven't been my friend on this topic so I'll have to post here. I live in California and I'm starting to do flips all over the country. I want to set up an LLC with an S-corp for tax ...
Isabella White
Hello World! I am new to BP & RE investing. Any pearls of wisdom?
Like the title says, I have recently discovered Bigger Pockets and am so excited to have found a community/forum of likeminded investors!I have been “flirting” with the idea of Multifamily RE investing for 6 months no...
Derrick U.
Cash on cash return of 4% is ok?
I'm looking at a few properties in Phoenix. Can't seem to find anything that yields greater than 4-5 percent return. Would you be ok with that return? Assume down payment is 25%-30%.
Brad Gibson
First Eviction - Advice?
I’m doing my first ever, move the stuff onto the lawn eviction tomorrow at 9 am. Tenant is $6,200 behind on rent. Just stopped communicating in October. Won the eviction case in November, but judge delayed my ability ...
Joe P.
"A year+ of progress...or maybe not." Deal Analysis after 1 Year
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Ashley Benning
My retirement does 6%--Do I drop it like it's hot?
I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
Michael C.
Strategy for tenant damaged rental. What would you do?
I have a SFH that has had a tenant(crackhead) squatting since last june. The marshalls FINALLY came to execute the eviction last week. The house is bad. Trash every where, all appliances destroyed, cabinets destroyed...
Adam Beckstetdt
What do you shoot for on a per door rate of return?
I know I want to focus on multi family buy and hold but I have not made a purchase yet. I plan to purchase a few this year to get my feet wet and find out a good cycle of dealing with tenants. I plan to do my property...
Alonna Johnson
Provision Wealth
Looking for anyone who has worked with or researched working with ProVision in the Wealth Building Program (Tom Wheelwright-Rich Dad, Poor Dad CPA). It's a big financial commitment and would love input before moving f...
Joe S.
How to help my 17 year old son get started in real estate?
How to help my 17 year old son get started in real estate?Let me start off by saying that I have personally been doing real estate for over 20 years andI realize a lot of people are going to say “ tell him to go to th...